Joint HSMC and TSRC evaluation of social enterprise published
An evaluation led by the Third Sector Research Centre in collaboration with the Health Services Management Centre has been published into the Social Enterprise Investment Fund (SEIF). The SEIF was launched by the Department of Health in 2007 as a £100million fund to support and develop social enterprises in responding to unmet needs and gaps within the health and social care system.
The final report describes its effects up to March 2011. It suggests that investment in social enterprise by the Department of Health has helped to challenge health inequalities and tackle unmet need. However, the fund has not met all its aims. A large majority of the fund was used as grants, raising questions over the demand for loan finance amongst social enterprises and charities in the health and social care sector.
The final report can be accessed from the TSRC website
For further information about the evaluation please contact Ross Millar, firstname.lastname@example.org at HSMC. Ross was a member of the SEIF evaluation team.